tag:blogger.com,1999:blog-25064447.post7745937339466765191..comments2013-09-14T18:52:34.942+02:00Comments on Spain Economy Watch: Inflation Is Dead In Spain, Fasten Up Your Seat Belts For A Sharp Dose Of DeflationEdward Hughnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-25064447.post-15481676434785593892010-02-20T22:14:57.196+01:002010-02-20T22:14:57.196+01:00I don&#39;t agree with the post. I think that the ...I don&#39;t agree with the post. I think that the danger is the opposite, hyperinflation, unless the BCE starts raising the interest rates due to Germany and France having to control their inflation rates. At that point if we haven&#39;t exited the crisis we might face deflation. The money injected in the economy is not going to be easy to pull it out.<br /><br />If I am not mistaken it was announced an annual 3.5% CPI rise in Great Britain already.<br /><br />I think the US is going to have a very tough time to control inflation as well. They injected too much money that will be very difficult to control in the end. <br /><br />Luckily for the Germans Merkel doesn&#39;t believe in monetary policy and didn&#39;t put any recovery funds in circulation. I think they will be the winners out of this recesion.Don Josehttps://www.blogger.com/profile/06327259343683104007noreply@blogger.comtag:blogger.com,1999:blog-25064447.post-17706417743502414612009-01-09T17:00:00.000+01:002009-01-09T17:00:00.000+01:00Can we be confident European autorities will not e...Can we be confident European autorities will not embark in currency debasement, as is happening in the US? Even if Spain will suffer a lot, Germany is in quite a healthy condition, with lots of savings. I would say Germans will not enjoy seeing their savings value plunge due to currency devaluation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-25064447.post-9192330334219268272008-11-15T14:39:00.000+01:002008-11-15T14:39:00.000+01:00About the shrinking Spanish GDP, I would like to n...About the shrinking Spanish GDP, I would like to note that actually is much lower than reported by official statistics. Mr. <A HREF="http://www.ricardoverges.com/" REL="nofollow">Ricardo Vergés Escuín</A>, arquitech, economist and teacher at the University of Montreal, has written:<BR/><BR/>«Our GDP is overvalued, because new housings are assigned antimarket prices since expectations are included without shared risks, as in a monopoly.» <BR/><BR/>«Sobrevaloramos el PIB, puesto que a la vivienda nueva se le asignan precios de antimercado al incluir expectativas sin riesgo compartido, como en un monopolio.»<BR/><BR/><A HREF="http://www.ricardoverges.com/pdf/Oviedo.pdf" REL="nofollow">Financiación de la oferta inmobiliara y endeudamiento generacional</A>Anonymousnoreply@blogger.com